A Quote by Edmund Phelps

The good life, as it is popularly conceived, typically involves acquiring mastery in one's work, thus gaining for oneself better terms - or means to rewards, whether material, like wealth, or nonmaterial - an experience we may call 'prospering.'
This process of the good life is not, I am convinced, a life for the faint-hearted. It involves the stretching and growing of becoming more and more of one's potentialities. It involves the courage to be. It means launching oneself fully into the stream of life.
To know oneself is the first step toward making flow a part of one's entire life. But just as there is no free lunch in the material economy, nothing comes free in the psychic one. If one is not willing to invest psychic energy in the internal reality of consciousness, and instead squanders it in chasing external rewards, one loses mastery of one's life, and ends up becoming a puppet of circumstances.
This question of love begins and ends with the willingness to be welcoming to one's own experience as a loving action towards oneself. It may be dark, it may be light, it may be joyous, it may be sorrowful, but it's your experience, and therefore, your life. As we have that kind of loving response towards our own life, then life itself in terms of the outside world, begins to feel different.
She who succeeds in gaining the mastery of the bicycle will gain the mastery of life.
Material things have closed boundaries; they are not accessible, cannot be penetrated, by things outside themselves. But one's existence as a spiritual being involves being and remaining oneself and at the same time admitting and transforming into oneself the reality of the world. No other material thing can be present in the space occupied by a house, a tree, or a fountain pen. But where there is mind, the totality of things has room; it is "possible that in a single being the comprehensiveness of the whole universe may dwell.
If you live in a material universe where acquiring things is very important to you, then family is an absolute deterrent to maintaining that sort of a world, because family involves values like affection, and sympathy, and passion, and types of pleasure that lead nowhere in a material sense.
I, sir, have always conceived - I believe those who proposed the constitution conceived,and it is still more fully known, and more material to observe, those who ratified the constitution conceived, that this is not an indefinite government deriving its powers from the general terms prefixed to the specified powers - but, a limited government tied down to the specified powers, which explain and define the general terms.
What I said to Donald Trump was that what may work in generating enthusiasm or passion during elections may be different than what will work in terms of unifying the country and gaining the trust even of those who didn't support him.
When you read Marx (or Jesus) this way, you come to see that real wealth is not material wealth and real poverty is not just the lack of food, shelter, and clothing. Real poverty is the belief that the purpose of life is acquiring wealth and owning things. Real wealth is not the possession of property but the recognition that our deepest need, as human beings, is to keep developing our natural and acquired powers to relate to other human beings.
All human beings seek the happy life, but many confuse the means - for example, wealth and status - with that life itself. This misguided focus on the means to a good life makes people get further from the happy life. The really worthwhile things are the virtuous activities that make up the happy life, not the external means that may seem to produce it.
In taking stock of a politician, the first question is not whether he was a good man who used righteous means, but whether he was successful in gaining power, in keeping it, and in governing; whether, in short, he was skilful at his particular craft or a bungler.
I found myself thinking a lot about my own spirituality. What it means to be Jewish, what it means to forgive, what it means to sacrifice, but mostly what it means to be alive, how to be a better person, how not to make the mistakes my parents had made. I guess that's what one might typically call a midlife crisis.
The master and the student on the journey to mastery, knows that the illusions are the illusions, decides why they are there, and then consciously creates what will be experienced next within the self through the illusions. When facing any life experience, there is a formula, a process, through which you may choose to move through mastery. Simply make the following statements: One, nothing in my world is real. Two, The meaning of everything is the meaning I give it. Three, I am who I say I am, and my experience is what I say it is. This is how to work with the illusions of life.
Being is a spiritual proposition. Gaining is a material act. Traditionally, American Indians have always attempted to be the best people they could. Part of that spiritual process was and is to give away wealth, to discard wealth in order not to gain.
Our culture is hung up on and overemphasises what can be derived from material objects. I think this is something quite new, over the past 200 or 300 years - that life has become about accumulating material wealth. The 21st century is not about accumulating material wealth like the 20th century. It's already eroding.
Excellence means that you're prospering spiritually, mentally, physically and in every area of life. What does it mean to prosper? It means to do well, to have over and above, to walk in a high level with God. It means to be in a high class with God, where you can think like God and live like Him.
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